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$SWN 2Q15 Q&A: Brackett of Sanford Bernstein had a question regarding takeaway strategy, about assets’ growth. Steve explained that over FY18, there will be overbuilt in almost every facet; NGLs, processing, gas takeaway. If pipeline starts going to get built today and rig count is same, there will be some gas volume that can grow into pipeline.
$MON shares dip slightly; I wonder this is because of the environmental lawsuit filed by the Washington state against the production of PCBs.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?